Scholarships, Grants, and Loan Trends at Westminster

-8%

Received Percent Changed

$7,901

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 1,112, which is 95.89 % of all undergraduate students. 844 students which is 73.00% of undergraduate students received federal student loans and the average loan amount is $6,693.

For full-time, first-time beginning students (freshmen), 100.00% of students received grants or scholarships and 80% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Westminster College since 2014.

For that period, the average number of students who received grants aid/scholarships is 1,112, which is 95.89 % of all undergraduate students. 844 students which is 73.00% of undergraduate students received federal student loans and the average loan amount is $6,693.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,125 (97%)$22,562374 (32%)$4,325871 (75%)$7,293
2015-161,105 (99%)$24,105346 (31%)$4,432841 (76%)$7,062
2016-171,146 (98%)$25,622395 (34%)$4,290883 (76%)$6,930
2017-181,172 (98%)$26,758405 (34%)$4,550903 (76%)$6,760
2018-191,170 (98%)$28,100405 (34%)$4,664919 (77%)$6,458
2019-201,122 (96%)$28,632367 (32%)$4,541871 (75%)$6,604
2020-211,103 (96%)$30,695355 (31%)$4,778802 (70%)$6,387
2021-221,051 (92%)$31,360319 (28%)$4,859752 (66%)$6,346
2022-231,012 (89%)$30,463281 (25%)$5,131750 (66%)$6,401
Average1,112 (95.89%)$27,589361 (31.22%)$4,619844 (73.00%)$6,693
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 310 (100.00 % of students) received grants or scholarships and its average amount is $27,820. It can cover 69.05% of tuition & fees ($40,290).

In addition, 249 (80.22 % of students) students get helped from the students loans (average amount : $9,051).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15283 (100%)$24,228219 (77%)$9,044
2015-16299 (100%)$25,016236 (79%)$9,189
2016-17366 (100%)$25,476307 (84%)$8,837
2017-18332 (100%)$26,954277 (83%)$8,875
2018-19348 (100%)$28,351296 (85%)$8,583
2019-20279 (100%)$28,815229 (82%)$9,522
2020-21290 (100%)$30,669232 (80%)$10,103
2021-22305 (100%)$30,252232 (76%)$8,603
2022-23285 (100%)$30,615216 (76%)$8,700
Average310 (100.00%)$27,820249 (80.22%)$9,051
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 108 (34.89 % of students) received Pell (federal) grants and its average amount is $4,704.

In addition, 125 students received State/local government grants/scholarships (40.00 % of students).

Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15105 (37%)$4,46756 (20%)$1,067134 (47%)$2,958283 (100%)$20,959
2015-1698 (33%)$4,75355 (18%)$1,245121 (40%)$3,305299 (100%)$21,891
2016-17135 (37%)$4,32932 (9%)$1,291151 (41%)$3,427366 (100%)$22,353
2017-18123 (37%)$4,67625 (8%)$1,400141 (42%)$3,186332 (100%)$23,763
2018-19138 (40%)$4,84726 (7%)$1,491169 (49%)$2,885348 (100%)$24,916
2019-2090 (32%)$4,56323 (8%)$2,012101 (36%)$3,129279 (100%)$26,045
2020-21106 (37%)$4,819100 (34%)$2,317118 (41%)$3,669290 (100%)$26,616
2021-2297 (32%)$4,845146 (48%)$3,59893 (30%)$4,002305 (100%)$25,769
2022-2382 (29%)$5,03416 (6%)$2,31296 (34%)$3,758285 (100%)$27,772
Average108 (34.89%)$4,70453 (17.56%)$1,859125 (40.00%)$3,369310 (100.00%)$24,454
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 249 (80.22 % of students) get any students loan help and its average loan amount is $249.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15219 (77%)$9,044217 (77%)$6,26249 (17%)$12,687
2015-16236 (79%)$9,189230 (77%)$6,04261 (20%)$12,772
2016-17307 (84%)$8,837304 (83%)$6,05067 (18%)$13,039
2017-18277 (83%)$8,875272 (82%)$6,05261 (18%)$13,318
2018-19296 (85%)$8,583293 (84%)$5,75570 (20%)$12,207
2019-20229 (82%)$9,522229 (82%)$5,80863 (23%)$13,500
2020-21232 (80%)$10,103227 (78%)$5,69681 (28%)$12,975
2021-22232 (76%)$8,603229 (75%)$5,57748 (16%)$14,971
2022-23216 (76%)$8,700213 (75%)$5,71548 (17%)$13,789
Average249 (80.22%)$9,051246 (79.22%)$5,88461 (19.67%)$13,251

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